Annual report pursuant to Section 13 and 15(d)

15. Other Long-term Liabilities

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15. Other Long-term Liabilities
12 Months Ended
Dec. 31, 2021
Payables and Accruals [Abstract]  
15. Other Long-term Liabilities

15. Other Long-term Liabilities

 

Other long-term liabilities represent the following:

 

    Italian “Trattamento di Fine Rapporto” which is a severance amount set up by Italian companies to be paid to employees on termination or retirement;
  ·           In the prior year, shop deposits that were previously held by Ulisse.

 

Balances of other long-term liabilities were as follows:

 

Other long-term liabilities  

December 31,

2021

 

December 31,

2020

Severance liability   $ 359,567     $ 297,120  
Customer deposit balance           366,947  
Total other long term liabilities   $ 359,567     $ 664,067